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Original Message:
Re: Manhattan Club Investigation (by Jeffrey W.):
According to the NYAG court order, the Manhattan Club has no legal authority to approve a sale or transfer of ANY timeshare entity, so your application to donate your unit to the club is likely to sit in limbo until the AG's investigation is concluded. The AG already got court approval to rescind 37 owner give-backs/donations that were in progress when the original court order was approved, July 24, 2014. The Manhattan Club has been barred from conducting ANY timeshare business, other than processing owner reservations, paying bills and pursuing owners to pay maintenance fees, since July. As a practical matter, the Manhattan Club timeshare business has been shuttered for nine months. Owners maintain the right to use their weeks as long as their maintenance fees are current. The next lawyer-to-lawyer meeting on the AG's investigation is May 1 under the auspices of NY Supreme Court special Referee Liebman. In the meantime, the AG's office is still accepting owner-information complaints from club owners who want to tell their stories to the Attorney General.